Category: Mid Day Charts
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Prices just made a measured moved down based on the width of the early (blue) range, where they are now bouncing. It’s possible we could see prices trend higher at this point,...
Prices are rallying off of very oversold conditions. In looking at the daily chart for some clues, it looks like prices should continue to trend higher, but never get too focused in...
Today is a great example of how they write the market news to fit the price action. For years, I hung on every word of the news thinking I might gain an...
What started off as a range day now appears to be a lower trending market. Prices did find support after making a measured move down based on the width of the range,...
Prices are trending lower this morning in a spike and channel down. It appears prices were attempting to fill the gap left on yesterday’s daily chart, as prices have found support at...
Prices spiked up during the overnight session but have been going sideways for most of the early morning and into the regular session, so it looks as if we are range bound...
Overall, this has the look and feel of a range day. Prices certainly started off with a mostly sideways bias, but there is still a bearish slant to things as well. For...
Prices rallied off of strong support in the overnight session but have been mostly sideways since the regular session opening. Looking at the daily chart for some clues, you can clearly see...
Note: I realize this is too late to use now, but for whatever reason, it didn’t go out this morning even though I had it done earlier than usual. Since it was...
The rally continues today. The question is will prices simply attempt a retest of the highs on the daily chart and then turn lower afterwards, or will prices make a measured leg...